Using artificial intelligence, procurement and transportation activity data from disparate sources can be consolidated and translated into emissions performance data. This provides the reliable, timely, and accurate information needed to manage and reduce Scope 3 emissions, fulfill sustainability reporting requirements, and optimize supply chain efficiency. Visualizing emissions levels across the supply chain, companies can evaluate trade-offs between sustainability and traditional supply chain performance indicators. In short, carbon efficiency becomes a key factor in decision-making.
For Lenovo executive director of global environmental, social and governance (ESG) and regulatory compliance Mary Jacques, driving hardware innovation at Lenovo has been front and centre of its environmental sustainability initiatives along the road to net zero - with Scope 3 emissions "by far" having the greatest impact. And then there is the use of sold products and purchase of goods and services, Jacques says: "We didn't call it circularity until 5-10 years ago, but it's part of our DNA."
It wants to ensure the electricity its customers use to power Apple products is matched by renewables. In what may become another strategically positive moat around its business, Apple has announced a huge 650MW European energy investment to ensure the energy required to use its devices and services is offset with renewable power. The move forms part of a global commitment as the company moves to build a circular business by 2030.
